Search found 2019 matches

by TravelforFun
Mon Jun 01, 2020 4:26 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 24
Views: 1477

Re: Rural Internet Options

T-mobile should have a mobile hotspot device you can buy and add to your plan. Verizon also has these and often works well in more rural areas. One of my relatives even had Verizon come out and install an antenna of some sort on their roof which provided cellular based broadband through a Verizon r...
by TravelforFun
Sun May 31, 2020 11:26 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 24
Views: 1477

Re: Rural Internet Options

T-mobile should have a mobile hotspot device you can buy and add to your plan. Verizon also has these and often works well in more rural areas. One of my relatives even had Verizon come out and install an antenna of some sort on their roof which provided cellular based broadband through a Verizon r...
by TravelforFun
Sun May 31, 2020 7:46 pm
Forum: Personal Investments
Topic: How do you keep track your investments?
Replies: 48
Views: 2936

Re: How do you keep track your investments?

I use an Excel spreadsheet that I built years ago and tweak as needed. I manually look up and enter the data every three months. I can probably do all this updating in about 15 minutes. Like you, I keep track of my investment on my own spreadsheet but I don't enter the stock prices manually. I down...
by TravelforFun
Sun May 31, 2020 7:33 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 24
Views: 1477

Re: Rural Internet Options

I use TMobile for hotspot and streaming. I pay $50 a month for unlimited data plan (Magnenta Plus) and the streaming works fine. I pay $50 a month for YouTube TV content to get all the major channels that I can stream from my phone or computer to the TV.

TravelforFun
by TravelforFun
Sun May 31, 2020 7:23 pm
Forum: Personal Investments
Topic: What to do after maxing 401k and emergency fund?
Replies: 19
Views: 1757

Re: What to do after maxing 401k and emergency fund?

Save your excess money for the car purchase which you stated you would need it in three months.

TravelforFun
by TravelforFun
Thu May 28, 2020 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28718

Re: The axe falls and I am prepared. What's next?

Folks, So, it happened. I will be laid off by the end of June. The basic financial stuff: A) 3 months severance pay B) 1 year subsidized medical insurance. C) 1 year COBRA D) 110K to 120K of the Emergency Fund E) 1.35 to 1.4 million 60/40 portfolio F) Late 50+ years old. G) Annual expense of about ...
by TravelforFun
Thu May 28, 2020 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 42
Views: 2670

Re: How often do you change passwords on your investment accounts?

tvubpwcisla wrote:
Sat May 23, 2020 7:56 am
How often do you change the passwords on your investing accounts?

Thanks!
Only when I'm required to.

TravelforFun
by TravelforFun
Thu May 28, 2020 6:50 pm
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 186
Views: 17908

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

Just goes to show you that even when you get the core thesis right, you can still lose to people who get the core thesis wrong. Your problem isn't that you got your core thesis wrong, its that the 100,000 deaths statistic shouldn't be part of a core thesis at all. Obviously every death is terrible,...
by TravelforFun
Tue May 26, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care
Replies: 86
Views: 9617

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

Everyone says stock markets are forward looking, I understand. But with 40 million unemployment claims over 2 months, why would the markets shrug that off. No economy in history has replaced 40m jobs even in a year’s time. What am I missing?! Because the Fed with its unlimited money-printing capaci...
by TravelforFun
Tue May 26, 2020 9:07 pm
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 93
Views: 7373

Re: Examples of why NOT to hold individual stocks

Here's a classic from 2014. This is the company that was making sapphire screens for the upcoming iPhones. "But iPhones don't have sapphire screens!" No they do not. I remember reading this disaster as it unfolded in real time. GT Advanced Technologies +1 on GTAT Whenever someone mentions individua...
by TravelforFun
Tue May 26, 2020 8:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4396
Views: 1252502

Re: What Book Are You Currently Reading? Part VI

Killers of the Flower Moon: The Osage Murders and the Birth of the FBI by David Grann. The title says it all.

TravelforFun
by TravelforFun
Mon May 25, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 93
Views: 7373

Re: Examples of why NOT to hold individual stocks

I agree you can't time the market and picking individual stocks is risky. Having said that, I find myself owning more individual stocks and less stock index funds over time. I have had more winners than losers: My big losers: Chesapeake, Alibaba, an Amazon call option, Skyworks My big winners: Amaz...
by TravelforFun
Mon May 25, 2020 10:12 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16830

Re: The Black Swan is Here

In time like this, this retired person is glad that I have 10 years of annual expenses in cash and bonds and don't have to worry about losing my job. If you plan to live less than 10 years you good to be glad... I plan on living another 20 years (I'm 68). The point about 10 years in cash and bonds ...
by TravelforFun
Mon May 25, 2020 9:54 am
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 93
Views: 7373

Re: Examples of why NOT to hold individual stocks

I agree you can't time the market and picking individual stocks is risky. Having said that, I find myself owning more individual stocks and less stock index funds over time. I have had more winners than losers: My big losers: Chesapeake, Alibaba, an Amazon call option, Skyworks My big winners: Amazo...
by TravelforFun
Sat May 23, 2020 2:46 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 427
Views: 69227

Re: Roll Call for the Retirement Class of 2019!

We're up-dating and re-booting this Awesome Roll Call for the Retirement Class of 2019! ... Our youngest retiree is PhysicianOnFIRE at age 43, who nudged out Vagabondette at age 44 :wink: Our oldest retiree is Goodmand3 at age 75, ahead of Chevre at age 69 8-) ... 16 Aug - TravelforFun (67) ... Wha...
by TravelforFun
Sun May 17, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: Appreciating the magnitude of Sequence of Returns immediately after retirement
Replies: 115
Views: 5874

Re: Appreciating the magnitude of Sequence of Returns immediately after retirement

For those who retired during the last few months and got hit with a down market in Year 1, just pretend you retired five years ago and that your investment experienced significant growth in your imaginary Years 1-5. That should make you feel better. :happy

TravelforFun
by TravelforFun
Fri May 15, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Check my Backdoor Roth Conversion plan
Replies: 10
Views: 556

Re: Check my Backdoor Roth Conversion plan

Check with Fidelity to see if you are eligible for a transfer bonus before you transfer your 401k money to Fidelity.

TravelforFun
by TravelforFun
Wed May 13, 2020 9:28 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 224
Views: 13344

Re: Delta Sky-nightmare

Anyone have any tips on how to get through to Delta? They no longer offer the callback option, so I can (and have) tried my luck with the 9-hour phone wait. Usually the phone drops. I've tried: 1) Facebook 2) Twitter 3) Their skymiles complaints portal 4) BBB complaint NOBODY freaking contacts me b...
by TravelforFun
Tue Apr 21, 2020 1:27 pm
Forum: Personal Investments
Topic: Asset allocation with an HSA
Replies: 20
Views: 981

Re: Asset allocation with an HSA

I have a roth IRA, taxable brokerage, and a HSA. I also have a 401k with my employer that uses a target date fund. I'd like to start a three fund portfolio (80% equities / 20% bonds) that optimizes all accounts. If I put bonds in the roth IRA and equities in the taxable, what would be the best use ...
by TravelforFun
Mon Apr 20, 2020 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Life After COVID-19 and How You Should Adjust Your Investments
Replies: 10
Views: 1312

Life After COVID-19 and How You Should Adjust Your Investments

I predict life will never return to the Pre-2020 normalcy. I can see so many thing or activities that will be altered when the lock down ends. Will restaurants, movie theaters, sport arenas, concert venues modify their facilities to provide customers some sort of social distancing? Will airlines rem...
by TravelforFun
Sun Apr 19, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody using a stock portfolio LOC?
Replies: 37
Views: 1574

Re: Anybody using a stock portfolio LOC?

Does anybody have any experience using a line of credit that is collateralized against your taxable investment accounts? I am considering going this route to fund expenses without having to liquidate any of my VTI which is obviously down considerably currently. The rate I have been quoted is LIBOR ...
by TravelforFun
Sun Apr 19, 2020 5:05 pm
Forum: Personal Investments
Topic: Eureka! 3 to 4% rule and managed account not working
Replies: 7
Views: 1073

Re: Eureka! 3 to 4% rule and managed account not working

Hi. My first post. I’ve been trying to read here and catch up, educate myself. Most posts are way over my head. Neither my wife nor I are at all finance/investment literate or inclined. Though we are careful spenders. This weekend I have read both “Bogleheads Investing” and “Bogleheads Three Fund P...
by TravelforFun
Sun Apr 19, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7433

Re: Retirees: what are you doing with all the home equity?

The property tax on our home is about 8K a year. So much for owning the home and being mortgage free/rent free. That used to by my rent when I shared an apartment in Texas. Mine is $22k per year. Add insurance and I’m getting close to $2k per month of carrying cost even without a mortgage. So it al...
by TravelforFun
Sat Apr 18, 2020 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Please Help Us Get Our Stimulus Payment
Replies: 59
Views: 4730

Re: Please Help Us Get Our Stimulus Payment

I checked the IRS site (GET MY PAYMENT) for stimulus status and keep getting the message that they can't make a determination of my payment - I don't remember the exact words but something to that effect. Our 2018 joint return had an AGI of $40,000; we were keeping our AGI low to qualify for ObamaC...
by TravelforFun
Sat Apr 18, 2020 8:04 am
Forum: Investing - Theory, News & General
Topic: That's it! Commodity ETFs is snake oil! I'm out!!!
Replies: 75
Views: 7277

Re: That's it! Commodity ETFs is snake oil! I'm out!!!

Oil for example is so integral to everything. And yes, it will run out one day. Yes, there is fracking and stuff, but it WILL RUN OUT. My prediction is that we will never run out of oil but demand for oil will tricke down to almost nothing because of other forms of cleaner energy. We left the Stone...
by TravelforFun
Sat Apr 18, 2020 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Mortgages post retirement
Replies: 1
Views: 315

Re: Mortgages post retirement

I’m about 15 years from retirement and thinking about how to divide marginal investment dollars between paying down mortgage versus into taxable stock/bond portfolio. Have a main home that will pay off in 6 yrs but second home that’s early into a 30 year fixed. Strategy has been to make the minimum...
by TravelforFun
Sat Apr 18, 2020 7:22 am
Forum: Personal Consumer Issues
Topic: New laptop/desktop for [Work From Home]?
Replies: 41
Views: 2952

Re: New laptop/desktop for [Work From Home]?

If you want something lightweight, can turn on and off almost instantaneously, can run Office suites, and not a chromebook; you might consider a Microsoft Office Pro. Costco usually has the Pro7 with type cover and stylus on sale for about $800.

TravelforFun
by TravelforFun
Fri Apr 17, 2020 10:51 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2980
Views: 528518

Re: What are you up YTD? [Year To Date]

Age 67. 70/30. Up 14% on the strength of a few stocks.

TravelforFun
by TravelforFun
Fri Apr 17, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

$66k where I live would only cover about two-thirds of the cost of a nursing home. How about “thanks for the details”. You obviously know that LTCi isn’t just for a nursing home and that you can buy a higher level of coverage. If people try hard enough Wow2012 may just decide to stop posting here a...
by TravelforFun
Fri Apr 17, 2020 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Done with my Wealthfront experiment
Replies: 3
Views: 732

Re: Done with my Wealthfront experiment

Set up WF savings about six months ago. Interest rate was good. It started around 2% I think. Then down to 1.75, 1.2, and now it is at .26%. They used to notify me when they were dropping rates. That stopped too. Closed the account. I park a little cash in Worthy Bond and it's been paying 5%. Trave...
by TravelforFun
Fri Apr 17, 2020 12:57 pm
Forum: Personal Investments
Topic: Am I looking at my asset allocation correctly?
Replies: 3
Views: 264

Re: Am I looking at my asset allocation correctly?

Is $77k the net amount after the 6.25% penalty? I have a different annuity (SPIA) and I get monthly checks from it so I count my annuity as income and not part of my stock or bond allocation.

Why do you want to cash out your annuity?

TravelforFun
by TravelforFun
Fri Apr 17, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7433

Re: Retirees: what are you doing with all the home equity?

Up until DW's stoke nothing. Since then I sold the house and added the equity to the balance to pay for her care. How big of a hassle was it for you to get the house ready, sell it, move to a new place, and adjust to the community and neighbors? I may need to do this a few years from now. Travelfor...
by TravelforFun
Fri Apr 17, 2020 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

Every time the subject of LTCi comes up, I notice the majority of the people who have it seem to like it (count me as one), and the majority of people who don't have it seem to want to compare it to an investment. Folks, insurance is NOT an investment.

TravelforFun
by TravelforFun
Thu Apr 16, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

The purpose of long-term care insurance is not to protect yourself from financial ruin. It's to protect what you've earned. Long-term care insurance is portfolio insurance. The more money someone has the more sense it makes to own long-term care insurance because their annual premium is equal to a ...
by TravelforFun
Thu Apr 16, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

The purpose of long-term care insurance is not to protect yourself from financial ruin. It's to protect what you've earned. Long-term care insurance is portfolio insurance. The more money someone has the more sense it makes to own long-term care insurance because their annual premium is equal to a ...
by TravelforFun
Thu Apr 16, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

The purpose of long-term care insurance is not to protect yourself from financial ruin. It's to protect what you've earned. Long-term care insurance is portfolio insurance. The more money someone has the more sense it makes to own long-term care insurance because their annual premium is equal to a ...
by TravelforFun
Thu Apr 16, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7433

Re: Retirees: what are you doing with all the home equity?

Up until DW's stoke nothing. Since then I sold the house and added the equity to the balance to pay for her care. How big of a hassle was it for you to get the house ready, sell it, move to a new place, and adjust to the community and neighbors? I may need to do this a few years from now. Travelfor...
by TravelforFun
Thu Apr 16, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

$3M net worth Still working Will not even need to access much retirement savings for some time Sounds like the perfect candidate to self-insure. Unless you want to leave most of the $3 million to heirs. TravelforFun Not necessarily. By retaining control of their funds and investing them, they stand...
by TravelforFun
Thu Apr 16, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Any One-More-Year FIRE people sticking to their plan?
Replies: 72
Views: 8313

Re: Any One-More-Year FIRE people sticking to their plan?

With your portfolio, you could easily withdraw $90K (about %3 SWR) from it a year and the portfolio should continue to grow. Add this $90K to your spouse income and you would have more to spend than your current projected expenses. So from a financial standpoint, you could afford to retire; but the ...
by TravelforFun
Thu Apr 16, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 159
Views: 4486

Re: Long Term Care Insurance

gr7070 wrote:
Thu Apr 16, 2020 9:45 am
$3M net worth
Still working
Will not even need to access much retirement savings for some time

Sounds like the perfect candidate to self-insure.
Unless you want to leave most of the $3 million to heirs.

TravelforFun
by TravelforFun
Fri Apr 10, 2020 9:38 am
Forum: Personal Investments
Topic: Your AA once you hit 7 figures
Replies: 34
Views: 2619

Re: Your AA once you hit 7 figures

Hello Bogleheads, I am wondering what your AA was when you first hit 7 figures and if you adjusted your AA once passing that mark. I am also interested if anyone had other triggers such as hitting a different number or experiencing a certain life event that prompted you to adjust your allocation. I...
by TravelforFun
Wed Apr 08, 2020 9:43 pm
Forum: Personal Investments
Topic: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.
Replies: 25
Views: 1138

Re: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.

How long ago was the distribution made? I would roll it to a rollover IRA and manage it myself. The check is made out directly to me. Taxes were withheld. Rolling over to an IRA is not allowed with a tax-exempt 457b. This is not true. I rolled over money from my 457b to an IRA account at Fidelity l...
by TravelforFun
Wed Apr 08, 2020 9:12 pm
Forum: Personal Investments
Topic: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.
Replies: 25
Views: 1138

Re: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.

How long ago was the distribution made? I would roll it to a rollover IRA and manage it myself. The check is made out directly to me. Taxes were withheld. Rolling over to an IRA is not allowed with a tax-exempt 457b. This is not true. I rolled over money from my 457b to an IRA account at Fidelity l...
by TravelforFun
Wed Apr 08, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: SS and turning 70 after file and suspend my experience
Replies: 12
Views: 1123

Re: SS and turning 70 after file and suspend my experience

I file and suspended at FRA . This March I turned 70 in the first week, so April 8 would be my first payment date. So, I was asking about this on another thread that I started. This means that you filed for your own SS benefits, then immediately suspended before receiving a payment? And, why did yo...
by TravelforFun
Wed Apr 08, 2020 7:21 pm
Forum: Personal Investments
Topic: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.
Replies: 25
Views: 1138

Re: My employer says my 457b allows incoming rollovers, TIAA says no. Potential pickle.

Summary: I have a 457b rollover check that I had intended to rollover into my new employer's 457b. I had previously verified with them that it accepts incoming rollovers, but when I called TIAA to get it done they say it does NOT allow incoming rollovers. HR had provided me with the summary plan do...
by TravelforFun
Sat Mar 28, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment (NY) for Small Business Owner and Social security?
Replies: 4
Views: 301

Re: Unemployment (NY) for Small Business Owner and Social security?

Wouldn't hurt to apply for unemployment benefits although they prob won't be able to get to him right away.

TravelforFun
by TravelforFun
Sat Mar 28, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11493

Re: Mortgage - Keep balance as High as Possible

Lol. This is ridiculous. So you'll never pay off your house? You should ask people that paid off their house how great that is. I have an interest only mortgage that does exactly what the OP is looking for. I feel great. You feel greater if you didn't have to pay interest on that mortgage. Travelfo...
by TravelforFun
Sat Mar 28, 2020 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Some IRS webpages Still Show RMD Age 70.5
Replies: 13
Views: 615

Re: Some IRS webpages Still Show RMD Age 70.5

Big Dog wrote:
Sat Mar 28, 2020 5:37 pm
well given that the law was just signed hours ago, do you really expect that the feds could just throw a switch, or was your post a public service announcement?
The SECURE Act is three months old now and one of it prominent changes is the RMD age changing from 70.5 to 72.

TravelforFun
by TravelforFun
Sat Mar 28, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Some IRS webpages Still Show RMD Age 70.5
Replies: 13
Views: 615

Some IRS webpages Still Show RMD Age 70.5

I was looking into the inherited IRA RMD requirements on the IRS wsebsite and saw some pages still display 70.5 as the RMD age for IRA account's owners. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-distributions-withdrawals Apparently, the IRS hasn't updated its website ...